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RandySF

(70,636 posts)
Thu Jul 25, 2024, 12:16 AM Jul 2024

Apple Valley Town Council Votes to Place One Cent Sales Tax Measure on November Ballot

APPLE VALLEY, Calif. (VVNG.com) — Today, the Apple Valley Town Council voted to place a 1¢ (one cent) sales tax measure on the November 2024 ballot, which would generate approximately $9 million per year in locally controlled revenue to fund town services if approved by voters.

The Town of Apple Valley has faced repeated budget deficits since 2016 and projects increasing shortfalls that may result in cuts to Town programs and services, including those impacting public safety and infrastructure.

The Town experienced deficits of approximately $1.36 million in 2016, $4.01 million in 2017, $991,000 in 2018, $6.3 million in 2020, $3.4 million in 2022, and $3.18 million in 2023. These amounts exclude American Rescue Plan Act funds, as these were extraordinary one-time revenue sources.

In FY 2023-24, the General Fund was budgeted for $35.8 million in revenue and $41.3 million in expenditures, resulting in a projected deficit of $5.5 million. In FY 2024-25, the General Fund is budgeted for $39.4 million in revenue and $42.5 million in expenditures, resulting in a projected deficit of $3.1 million.




https://www.vvng.com/apple-valley-town-council-votes-to-place-one-cent-sales-tax-measure-on-november-ballot/

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